Protecting your assets

It is important to protect all of your assets, not only after a divorce settlement, but especially during the divorce proceedings when emotions are strained and a lack of knowledge can be exploited. Our first step will be to work with you to identify all individual and joint assets that need to be protected in a divorce. A divorce settlement will typically involve some negotiation over the distribution of assets. Assets in question may include houses, cars, furnishings, art, jewelry, property, investments, cash and business holdings. Because of our extensive experience in matters of taxation, finances and corporate structure, one of our initial steps will be to identify and place fair value on your assets. This means not only protecting your interests, but making sure that proper valuation is being placed on personal or business assets of your spouse.

In order to reach a fair and equitable division of assets, it is necessary to clearly and fully identify the assets in question. At Lavelle Law, Ltd., our experts will perform the due diligence to identify all assets and to further assess their value accordingly. We will take steps to ensure that no assets are moved to separate accounts, placed in business holdings or otherwise inappropriately hidden from evaluation.

Part of the divorce process includes an appropriate distribution of assets from the marriage. Unless there is a pre-nuptial agreement protecting certain separate property, all marital property is subject to division. Amil Alkass is experienced at protecting the physical assets of his clients in divorce proceedings. While the courts encourage settlements rather than court proceedings, you will have representation by Lavelle Law, Ltd. in both settlement discussions and in trial if necessary. Through detailed review, we will work to identify the property, furnishings, financial assets, even heirlooms and keepsakes, that must be protected through the divorce process on your behalf.

Ensure a fair division of marital property and retention of your separate nonmarital property.

 

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